Enewsletter: The Truths About TRV
Since coming to Congress I have worked on a prominent urban waterfront project called Trinity River Vision. Recently, I have been asked questions about a funding issue regarding this project. Please pass this on should you hear of anyone who needs clarification.
“The TRV Project has increased my water bill.”
Six years ago, the City of Fort Worth added a “Storm Water Fee” to the City water bill. Not a single cent of that fee goes to the TRV project. The fee is to make improvements to the drainage system throughout the entire city.
“How much money does the City of Fort Worth pay for the TRV Project?”
The City of Fort Worth committed $26.6 million to the Trinity River Vision project. This amount has not changed since the start of this project – and is not expected to increase. Of the City of Fort Worth’s $26.6 million contribution, $16 million has already been acquired through two bond elections. The remaining amount committed by the City of Fort Worth has been budgeted within the city’s revenue fund, and does not compete with any street repairs or other initiatives.
“Is the TRV project funding Trolley Cars?”
Like the majority of Fort Worth’s inner city, the Trinity River Vision Uptown Plan has been designed with future mass transit in mind. However, not a single dollar of the project cost is allocated to funding a trolley or street car line.
Trinity River Vision will bring 16,000 jobs to our community and add $1.1 billion to our tax base when it is completed. It is important that you have all the facts. As always, please continue to ask questions and I will make sure you have all the information.